https://www.taxtmi.com/caselaws?id=190331 Classification of share transactions as investment activity or trading activity was raised for consideration, including whether gains on shares held for longer periods should be taxed as long-term or short-term capital gains rather than business income. The questions also concerned whether shares held for less than a month could be treated as generating business profit. The High Court admitted the appeal and framed the substantial questions of law for consideration, without determining their merits. en-us Mon, 14 Mar 2016 00:00:00 +0530 Mon, 13 Feb 2017 09:57:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190331 Classification of share transactions as investment activity or trading activity was raised for consideration, including whether gains on shares held for longer periods should be taxed as long-term or short-term capital gains rather than business income. The questions also concerned whether shares held for less than a month could be treated as generating business profit. The High Court admitted the appeal and framed the substantial questions of law for consideration, without determining their merits. Case-Laws Income Tax Mon, 14 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190331